Following up on recent developments outlined in the news release of
Medaro’s stated primary developmental technology objective is to produce spodumene concentrates of greater mineralogical purity, and to increase the yield of lithium from a spodumene concentrate of any mineralogical purity. This project scope includes lowering the cost of extracting lithium from a spodumene concentrate, as well as the manufacture of high-value byproducts to offset overall production costs.
Medaro continues to expand its bench-scale laboratory testing capabilities, most particularly by custom designing and fabricating specific items of equipment for use under conditions which closely replicate those expected in future full-scale plant operations. In this regard, it’s noteworthy that efforts are nearing completion for a configuration that will operate at temperatures above 200 °C and at pressures to ~10 atm.
Dr.
ON BEHALF OF THE BOARD OF DIRECTORS
Faizaan Lalani
President & Director
About
For detailed information, investors are invited to review the Company’s filings available at www.sedar.com.
FOR FURTHER INFORMATION CONTACT:
Investor Relations
Email: info@medaromining.com
Phone:604-256-5077
Web: https://medaromining.com/
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements respecting (i) Medaro’s continued expansion of its testing capabilities and (ii) expected completion of a configuration that will operate at temperatures above 200 °C and at pressures to ~10 atm are "forward-looking statements." These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
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